FTX US on Wednesday has applied for a trust charter with the New York Department of Financial Services in an effort to offer cryptocurrency trading services to users in the state. If approved, the American division of Sam Bankman-Fried's crypto exchange FTX will be able to manage their clients' assets and offer crypto-as-a-service products to regulated financial institutions, according to CoinDesk. In preparation for receiving trust charter approval, FTX US has appointed Marissa MacDonald to serve as chief compliance officer for the to-be formed FTX Trust Company. She previously held a similar position at Fidelity Investments for 14 years. In the beginning of April, FTX US said it'll work with IEX on digital asset market structure.
